About your Search

20130201
20130228
Search Results 0 to 0 of about 1
? >> absolutely i do. liz: china, every treasury secretary going back to robert rubin, larry summers john snow, paul o'neill, geithner, paulson, they edged toward the chinese let your yuan, let your currency float freely in a fair and open market. minor, minor incremental improvements there but barely. at some point do you feel that the treasury department under this administration has to get a little bit stronger and push the chinese so it is a fairer situation where their currency floats freely like the rest of our currencies do in the open market? >> we have been very much engaged with the chinese over numbers of years. we continue to push them. not only our interest that they allow the ren minute by to fluctuate with market conditions. it is in their interest as we and they try to create conditions for balanced growth on a global basis. they need too do more. their currency is still undervalued but it has appreciated by 14% or so in real terms over the last few years. so that is progress. we will continue to stay at it as we engage the chinese on this he have important issue. liz: speaking
Search Results 0 to 0 of about 1

Terms of Use (10 Mar 2001)